At Singleton Reynolds, our people are what makes us great. We come together every day with the common goal of providing exceptional legal services and ensuring we go above and beyond for each and every client.
The range of backgrounds of the partners, counsel, associates and staff of Singleton Reynolds enables us to offer a broad range of services.
Singleton Reynolds’ lawyers spend a significant amount of time researching and thinking about how industry or legislative changes could affect your business.
Singleton Urquhart Reynolds Vogel LLP is recognized as a leader in construction and infrastructure, insurance, commercial litigation, real estate and business law.
Singleton Reynolds has offices to serve you in Vancouver and Toronto.
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Recognizing the leadership that contributes to the company successes.
Singleton Reynolds prides itself in being a leader in corporate social responsibility. We encourage diversity, charity, mentorship, civic dedication and neighbourhood support.
Singleton Reynolds strives to understand the balance between your career and your personal goals and encourages our legal and operations staff in the pursuit of their interests outside of the firm.
We are always on the lookout for talented professionals to contribute to our team. Singleton Reynolds offers a professional and challenging work environment, with a competitive compensation and benefits package.
Our goal is to develop strong lawyers from student right through to partner. Mentoring and training start when you are a student and continue throughout your practice.
This is the second installment in a series of articles providing practical information about all things business.
Confidentiality and non-disclosure agreements (NDAs) are important when selling your business. A company’s most valuable assets are often its confidential information, intellectual property and trade secrets (for the purposes of this article, called “confidential information”).
NDAs are often produced at the beginning of negotiations when a purchaser is assessing your business. At that time, you must ensure that the NDA is specific enough to protect your confidential information. An NDA can be negotiated and amended before execution, and should be discussed and reviewed with your legal counsel.
You might think that your business doesn’t really have any valuable confidential information. But everyone has confidential information to protect, from manuals and programs to unique processes for managing services and marketing flows, and customer/client lists.
There are a number of ways to control the use of your confidential information:
Using these points, you might ask yourself, how can I control what a person does with my confidential information?
There are remedies that can be set out in an NDA, such as a right to an injunction or monetary consequences, to deter misuse. By being aware of the terms of your NDA and ensuring a well-crafted NDA is in place, you can focus on negotiating the sale of your business.
In our next article, we will discuss the management and organization of data in an electronic data room during a purchase and sale transaction.
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